Question
Kiedis Corp. has interest bearing debt with a market value of $67.1 million. The company also has 2.3 million shares that sell for $28 per
Kiedis Corp. has interest bearing debt with a market value of $67.1 million. The company also has 2.3 million shares that sell for $28 per share. What is the debtequity ratio for this company based on market values? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)
| Debtequity ratio |
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Real Estate Development Principles And Process
Authors: Mike E. Miles, Laurence M. Netherton, Adrienne Schmitz
5th Edition
0874203430, 978-0874203431
